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Budget Act (Northern Ireland) 2011

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This is the original version (as it was originally enacted).

Revised limits on use of certain accruing resources in the year ending 31st March 2011

This section has no associated Explanatory Notes

3.—(1) For the purposes of section 8(1) of the Government Resources and Accounts Act (Northern Ireland) 2001 (c. 6), this section sets the relevant limits on the accruing resources that may be directed to be used for certain purposes in the year ending 31st March 2011 in addition to resources authorised by this Act to be used for those purposes in that year.

(2) In that year accruing resources not exceeding the amount specified in column 3 of Schedule 2 may be directed to be used for the purposes specified in the corresponding entries in column 1 of that Schedule.

(3) The limits set by this section supersede those set by section 4 of the Budget (No. 2) Act (Northern Ireland) 2010 (c. 8) and section 4 of the Budget (No. 3) Act (Northern Ireland) 2010 (c. 11); and, in relation to any amount specified in column 3 of Schedule 2, any increase or decrease by virtue of this section in the amount of the limit set by that section is given in brackets after that amount.

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